Brexit shadow sees business rein back investment - News Summed Up

Brexit shadow sees business rein back investment


So far, Brexit has been a boon for the fast-growing economy here as British companies, including the likes of banking giant Barclays, have shifted large operations here. An estimated 4,500 jobs have been created here thanks to the threat of Brexit. The uncertainties over Brexit have caused a hit to the British economy, with company investment falling in each of the four quarters of last year. This is consistent with businesses holding back until the terms of the new trading relationship with Britain and the EU become clear, Intertrade said. "We are hesitant to take any big decisions until the outcome of Brexit is known."


Source: Irish Independent February 18, 2019 02:26 UTC



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